GRUNNFJELLET AS

4310 HOMMERSÅK

Finances

Return on Equity

24,5 %

Current Ratio

4,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	199 000	1 185 000	363 000	70 000
Net Income	17 231 000	111 000	7 782 000	−5 937 000
Total Assets	80 748 000	60 810 000	73 200 000	65 337 000
Total Equity	70 330 000	53 099 000	52 988 000	45 206 000

Income (NOK)	2022	2021	2020	2019
Revenue	199 000	1 185 000	363 000	70 000
Expenditure	1 226 000	1 821 000	1 259 000	1 055 000
Operating Profit	−1 027 000	−636 000	−896 000	−986 000
Financial Income	18 388 000	14 187 000	8 926 000	15 500 000
Financial Costs	129 000	12 844 000	248 000	20 597 000
Financial Balance	18 259 000	1 343 000	8 678 000	−5 097 000
Earnings Before Tax	17 231 000	707 000	7 782 000	−6 082 000
Tax	0	597 000	0	−146 000
Net Income	17 231 000	111 000	7 782 000	−5 937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 094 000	35 710 000	21 262 000	20 361 000
Total Current Assets	49 654 000	25 100 000	51 939 000	44 976 000
Total Assets	80 748 000	60 810 000	73 200 000	65 337 000
Total Retained Equity	68 660 000	51 429 000	51 318 000	43 536 000
Total Equity	70 330 000	53 099 000	52 988 000	45 206 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 418 000	7 711 000	20 212 000	20 131 000
Total Equity and Debt	80 748 000	60 810 000	73 200 000	65 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	199 000	1 185 000	363 000	70 000
Other Income	0	0	0	0
Revenue	199 000	1 185 000	363 000	70 000
Cost of Goods Sold	0	5 000	8 000	0
Salary Costs	839 000	1 569 000	983 000	633 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 226 000	1 821 000	1 259 000	1 055 000
Operating Profit	−1 027 000	−636 000	−896 000	−986 000
Financial Income	18 388 000	14 187 000	8 926 000	15 500 000
Financial Costs	129 000	12 844 000	248 000	20 597 000
Financial Balance	18 259 000	1 343 000	8 678 000	−5 097 000
Dividends	0	0	0	0
Net Income	17 231 000	111 000	7 782 000	−5 937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	597 000	597 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	31 094 000	35 710 000	20 665 000	19 764 000
Total Fixed Assets	31 094 000	35 710 000	21 262 000	20 361 000
Stock	0	0	0	0
Total Investments	33 391 000	9 944 000	27 870 000	23 924 000
Cash, Bank	2 753 000	1 503 000	571 000	371 000
Total Current Assets	49 654 000	25 100 000	51 939 000	44 976 000
Total Assets	80 748 000	60 810 000	73 200 000	65 337 000
Total Equity	70 330 000	53 099 000	52 988 000	45 206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	92 000	69 000	61 000	91 000
Unpaid Taxes	42 000	204 000	149 000	53 000
Dividends	0	0	0	0
Other Current Debt	10 284 000	7 438 000	16 864 000	13 098 000
Total Current Debt	10 418 000	7 711 000	20 212 000	20 131 000
Total Equity and Debt	80 748 000	60 810 000	73 200 000	65 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,5 %	0,21 %	14,69 %	−13,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−516,08 %	−53,67 %	−246,83 %	−1 408,57 %
Current Ratio	4,77	3,26	2,57	2,23
Quick Ratio	4,77	3,26	2,57	2,23
Equity Ratio	0,87	0,87	0,72	0,69
Gross Profit Margin	100 %	99,58 %	97,8 %	100 %